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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-4.5%Jan 30 3:59 PM EST

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To: Ibexx who wrote (23869)6/4/1997 8:33:00 PM
From: Ibexx   of 186894
 
All,

-READ AT OWN RISKS- (part III, H&Q report, 6/4)
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ANALYST MEETING HIGHLIGHTS INTEL'S COMPETITIVE POSITIONING FOR LONG TERM GROWTH

At the analyst meeting held in NY yesterday, Intel management stated that it expects the Pentium II to represent approximately 50% of Intel's microprocessor shipments by Q2 1998. If Intel successfully transitions the market at this pace, it would make it increasingly more difficult for the competitors to gain market share on Intel. The Pentium II is packaged in an unique, proprietary cartridge which advances the architecture of the PC and makes competitive microprocessors incompatible with Pentium II system designs. In addition, Intel showed that top PC OEMs in the US are experiencing a $473 price premium for PC systems containing an Intel brand processor over similarly equipped PCs containing competitive processors. (Excellent point--previously undisclosed.) Further, Intel's proprietary ownership of Pentium II bus architecture along with the value and strength of the Intel Brand highlights that the company's competitive position is now the strongest than any other time in its history. With the robust long term growth in the PC market, we continue to like the secular growth opportunity for Intel.
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Ibexx
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